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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
A close-up view of bank cards carrying the Visa logo. Photo: Shutterstock
Banking & finance

Breaking | China approves locally registered bank card organisation for Visa

The People’s Bank of China will allow the US card payment giant to set up a local entity, a move the bank called a major step.

China GDP

IMF revises down projection for China’s GDP in 2026, cautions on export reliance

China trade

China falls in global ‘trade sustainability’ ranking on environmental concerns

China consumption

How Ivanka Trump’s Guo Pei dress put Chinese high fashion in spotlight

Guo, one of China’s best-known couturiers, has also designed outfits for celebrities including pop star Rihanna.

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Ivanka Trump in her Guo Pei outfit at the White House last month. Photo: AP
Ivanka Trump in her Guo Pei outfit at the White House last month. Photo: AP
China-EU relations

China, EU take a breath after deal brings temporary halt to trade tussle

Agreement, praised on both sides, features controls on Chinese EV shipments and tariff reductions, helping to cool tensions – for now.

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China-EU relations

How China and the EU pressed pause on trade war – and what it took to get there

EU officials spoke of a ‘paradigm shift’ in wake of surprise trade deal, saying the ‘nature of the rebalancing exercise has changed’.

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China-EU relations

China-EU car deal eases trade tensions for now at least

A deal to slow China’s hybrid car exports to the European Union has pared one source of trade tensions between the two sides.

A BYD car carrier loads new energy vehicles for export to Belgium at a port in Suzhou, China. Photo: NurPhoto via Getty Images
A BYD car carrier loads new energy vehicles for export to Belgium at a port in Suzhou, China. Photo: NurPhoto via Getty Images
Science

New Energy | China bets on molten salt and CO2 to help meet power needs

Country needs stable electricity grid, less wastage as it uses more renewable energy. Molten salt energy storage and supercritical CO2 power generation can help.

Banking & finance

‘Enormous opportunity’ to make Shanghai a top financial hub: Goldman president

Wall Street executive John Waldron urges clearer rules, fewer restrictions on data flow to build Shanghai into top financial hub.

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China consumption

Adidas CEO names outdoor sport, street dance as new China growth drivers

The German company has pledged to open new stores and strengthen its e-commerce presence in China while catering to emerging youth trends.

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A view of the Adidas Sport Performance Store in Langham Place, Mong Kok. Photo: handout
Mandatory Provident Fund (MPF)

Is Hong Kong’s MPF an ‘offshore trust’? Shanghai tax officials seem to think so

China’s push to tax offshore trusts is supposed to target the super-rich. So why are mainland officials asking me about my Hong Kong MPF?

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Thousands of Hongkongers work in mainland China, where tax officials are tightening rules related to cross-border income. Photo: Dickson Lee
Thousands of Hongkongers work in mainland China, where tax officials are tightening rules related to cross-border income. Photo: Dickson Lee
China trade

Could Thai durian export duty mean higher prices, higher quality in China?

Proposed levy part of a draft bill aimed at establishing a fund for research and ‘sustainable’ development of the sector.

China consumption

At a Shenzhen market, ‘golden week’ tourists flock to buy discount gold jewellery

A dip in gold prices and the holiday week draw tourists and shoppers to Shuibei wholesale market.

China's population

In Focus | Womb for rent: why are some Chinese cities hubs for illegal surrogacy services?

Industry insiders say Wuhan and Guangzhou are the two major Chinese hubs for surrogacy agencies.

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Illustration: Victor Sanjinez
China-EU relations

China agrees to slash EU hybrid car exports in half, putting brake on trade war

The agreement will see Chinese hybrid vehicle exports decline by ‘several million cars’ in the coming years, EU trade chief says.

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Chinese Vice Premier He Lifeng (right) meets with European Commissioner for Trade and Economic Security Maros Sefcovic in Beijing on Friday. Photo: Xinhua
Chinese Vice Premier He Lifeng (right) meets with European Commissioner for Trade and Economic Security Maros Sefcovic in Beijing on Friday. Photo: Xinhua
United Nations

China ‘more involved’ in funding global development bodies: report

Think tank analysts say fastest growth in funding has been to multilateral development banks assisting low-income countries.

Yuan

China rejects yuan complaints, ‘golden week’ travel, Canton Fair

This week: The PBOC rebuts suggestions of currency manipulation amid EU trade talks, national holiday travel rises, and HSBC’s Singapore AI plans draw Hong Kong questions. Next week: Exporters head to Canton Fair, inflation data to show faster price rises, Nvidia’s Huang may attend Tsinghua University meeting, and more.

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US-China trade war

Chinese tech firm charged with smuggling ‘dual-use’ products out of country

As Beijing tightens export controls on strategic technologies, the case highlights risk of criminal prosecution for companies.

Shanghai authorities have charged Wavelength with smuggling. Photo: Handout
Shanghai authorities have charged Wavelength with smuggling. Photo: Handout
China jobs

China proposes first labour regulations to protect 84 million platform workers

The draft requires that payment cycles not exceed one month and holiday work be paid at a higher rate, but it does not specify by how much.

Yuan

Chinese central bank’s yuan policy paper

Official position paper rebuts claims an undervalued yuan is boosting China’s exports.

Yuan

China’s central bank slams currency manipulation claims as EU trade talks begin

The bank said China did not need to devalue the yuan to boost exports – and those accusing it of doing so were ‘dodging accountability’.

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China has repeatedly faced European accusations of currency manipulation in recent years. Photo: Reuters
China energy security

Energy importers like China leading shift to clean energy: report

Clean capacity grows three times faster across China, India and Europe than in Middle East, North America and Russia, DNV says.

Construction of a tidal flat solar energy project is seen in Lianyungang, in eastern China’s Jiangsu province, on September 15, 2026. Photo: AFP
Construction of a tidal flat solar energy project is seen in Lianyungang, in eastern China’s Jiangsu province, on September 15, 2026. Photo: AFP
China consumption

China’s National Day holiday sees uptick in longer trips, overseas travel

Extended holiday boosts long-distance travel, yet plummeting box office sales underscore challenges.

China’s private sector

ByteDance heads first SCMP Plus Going Global 100 ranking

Social media giant beats out Foxconn Industrial, Shein and BYD in new SCMP Plus ranking of China’s global champions.

China-EU relations

As China and the EU begin crunch trade talks, optimism is in short supply

Observers on both sides are braced for more turbulence – and mainly hope Beijing and Brussels can avoid a full-blown trade conflict.

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European Commissioner for Trade and Economic Security Maros Sefcovic is under pressure to achieve significant results in trade talks with China this week. Photo: EPA
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